In recent years, the role of third party assistance in tax return preparation within the United States has become more significant. To acknowledge this trend, the IRS is strengthening partnerships with tax practitioners, tax return preparers, and other third parties in order to ensure effective tax administration that adheres to professional standards and follows the law.
Beginning in 2011, tax return preparers are required to pass a competency test to officially become registered tax return preparers. The Wiley Registered Tax Return Preparer Exam Review Book 2012 has been designed with this in mind and is the perfect guide to help you pass this comprehensive test. The course, complete with extensive exercises and a final exam review, will provide you with a solid foundation on the subject of taxes, and the preparation of an accurate and complete income tax return. Along the way, it covers specific tax issues you need to be familiar with, including tax theory and law; conducting a thorough client interview; and offering tax advice and explanations to clients.
- Helps you zero in on areas that need work, organize your study program, and concentrate your efforts
- Provides paid tax return preparers who are not enrolled agents, attorneys, or Certified Professional Accountants (CPAs) with the individual taxation information they need to pass this competency test
- Covers the major parts of the exam and how to approach each one
Informative and insightful, the Wiley Registered Tax Return Preparer Exam Review Book 2012 will put you in the best position possible to pass this important exam.
Keywords: tax return preparers, federal tax return preparers, tax preparer registration, tax preparer testing, tax return preparer competency test, tax return preparer registration, wage and non-business 1040 returns, wage and small business 1040 returns, guide to tax return preparer competency exam, tax return preparer competency exam guide, guide to new IRS exam, guide to IRS exam, IRS exam guide, Wiley IRS tax prep exam guide, PTIN, renewing a PTIN, individual tax filing, Wiley registered tax return preparer exam review book 2012, registered tax return preparer exam review book 2012, tax return preparer exam review book 2012, tax return preparer exam review book, tax return preparer exam review